RTL Group

RTL to operate Hungarian channels under Luxembourg licence

RTL Group confirmed that it plans to operate its cable channels in Hungary under a Luxembourg license in the future. The move will not see RTL close down any channels in Hungary and will also not apply to its main channel RTL Klub. However, Luxembourg licenses for cable channels including RTL+, Film+, and Cool TV […]

RTL buys US$107m majority stake in YouTube network StyleHaul

RTL Group has agreed to pay US$107 million (€85 million) to buy a controlling stake in StyleHaul – a multi-channel Youtube network dedicated to fashion, beauty and lifestyle. The deal increases RTL Group’s shareholding in StyleHaul from 22.3% to 93.6% and values the US-based business at US$151.4 million. It also includes earn-out mechanisms that could increase […]

Sky Deutschland to launch three new HD channels

Sky Deutschland is gearing up to launch three new high definition channels – two movie networks and one channel dedicated to crime series and documentaries.  Sky Cinema+1 HD, Sky Cinema+24 HD and RTL Crime HD will go live on the Sky Deutschland platform on September 25. Sky Cinema+1 HD and Sky Cinema+24 HD are both […]

RTL takes €88 million hit from Hungarian ad tax plan

RTL Group has posted a €88 million impairment in its first-half results as a consequence of the new advertising tax rules implemented by the Hungarian government. Co-CEOs Anke Schäferkordt and Guillaume de Posch said that new advertising tax would “strongly reduce the profitability of RTL Hungary”, which, together with continued problems in the French market […]

Enex names Sky News exec as new CEO

Global news exchange Enex has named Sky News’ international head of development Adrian Wells as managing director, replacing Henning Tewes, who was apppointed CEO of international broadcaster RTL’s Croatian operation in May. Enex organises the exchange of video footage, editorial information and transmission services for its 46 member organisations, including RTL Group and Sky News. […]

RTL buys majority stake in video ad platform SpotXchange

RTL Group has paid €107 million to take a 65% majority stake in US video advertising platform SpotXchange. The German media group said the deal establishes it as the first major broadcaster to invest in the rapidly growing market of programmatic online video advertising. It said that it also marks the next step of RTL […]

General ad uplift offsets problems in France for RTL

Advertising growth in some markets helped RTL Group to offset a flat market in Germany and continued difficulties with M6 in France and maintain stable revenues and EBITA for the first quarter. RTL said that all European TV advertising markets except Germany and France showed signs of improvement. Group revenues remained broadly stable at €1.313 […]

RTL reports significant profit growth

RTL reported “significant profit growth” in 2013 with EBITA reaching a record full-year high, primarily driven by higher contributions from its largest profit centre Mediengruppe RTL Deutschland.  Announcing its full year 2013 results, RTL said that EBITA increased 6.9% to €1.15 billion, €622 million of which came from Mediengruppe RTL Deutschland – the unit’s best ever […]

Bertelsmann digital exec steps down

Bertelsmann digital executive Thomas Hesse has stepped down “to pursue new professional opportunities” in the digital business space. Hesse, who was credited as being “instrumental” in Bertelsmann’s digital transformation – including RTL Group’s online video success – was executive board member and president, corporate development and new businesses. Bertelsmann said that Hesse had resigned his […]

RTL eyes further digital growth

RTL Group said that its strong and rapidly growing digital presence has now established it as the “number one European media company in online video” and it plans to make further investments in this area. Announcing its quarterly results, the German media group said that it is now responsible for more than two billion online […]